Use the income statement and balance sheet that you created on Green Dating Service, Inc. to compute the following ratios.
Accounts Receivable 250,000 Accounts Payable 160,000
Capital Surplus 100,000 Cash 190,000
Common Stock 300,000 Costs 640,000
Depreciation Expense 40,000 Dividends 26,750
Net Furniture & Fixtures 200,000 Goodwill 80,000
Interest Expense 50,000 Inventory 175,000
Land 305,000 Line of Credit (used) 200,000
Long Term Loan 340,000 Retained Earnings ?
Sales 925,000 Tax rate 35%
Shares Outstanding 20,000
Quick Ratio __________________________ Debt/Equity Ratio _________________
Earnings Per Share ____________________ Profit Margin _____________________
Receivables Turnover __________________ Times Interest Earned _____________